A charting tool used to identify potential support and resistance levels.
A charting or drawing tool developed by Dr. Alan Andrew that draws three parallel lines that map out potential support and resistance levels. The tool is drawn using one low price point and one high price point, and connected by a “handle” to a previous high or low.
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$GBPJPY http://t.co/qd0kwca3 Oh man. This chart was just glorious. I'm glad I stuck with it.
i need a tradeable low to get long...dont have one yet-if it fell to 7830 then i'd punt long with a 7600 stop-no reason to do it here though lots of chatter on $USDJPY right now-i've come to respect time pivots as much as price levels regarding initiation of new trades and $AUDNZD working on a daily reversal - already short $AUDUSD - considering a synthetic with the $NZDUSD leg Good luck paying your bills then...|| “@CVecchioFX: Greek PASOK leader Venizelos says June election may be followed by another vote.” at this point, this is the largest 1 day $USDJPY decline since december 3 2010 (in %) $USDOLLAR http://t.co/UoYNgroJ Usually such good bedfellows, there is a serious divergence between the $S&P 500 and $Dollar today. ...have to be careful about expecting momentum on this pair in a vacuum. Other yen crosses have already made sizable moves. Could bounce. If it isn't clear, I am alos trailing up my stop on the remaining half of the $GBPJPY short to lock in at least +125... How could this happen to the yen with Azumi and Shirakawa watching so vigilantly? *sarcasm* After this $GBPJPY tumble, the pair is now at its 50% Fib retracement of the 1/15 to 3/21 bull run at 125.35. Time to take half off at +225.
$/¥ taking it on the chin; Noda [still] watching ..Isiah Thomas of c-bankers
Learning a new language from younger followers.. LDHF all! RT @Seyan3: @EdMatts LDHF for Nasty Cable Trade! reached target of 1.5800! Quote of a lifetime RT @motivatquotes: Formal education will make you a living; self-education will make you a fortune. ~ Jim Rohn Find market too volatile? 1) cut position size or 2) stop #trading.. until regain perspective..always try to trade from strength @squinvco Thats what I like about Nic.. she says it as it is RT @NicTrades: So many people don't like the $FB IPO, makes me want to buy it
$USDCNY Dollar gunning for near term resistance against Yuan http://t.co/PxOjPtKh (wish I could trade this)
You simply can't use "Orderly Exit" and "Eurozone" in same sentence #grexit #forex
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